Will pound do usual summer slump?

The pound has settled in against the euro and US dollar at about 4% down on its highs of just three weeks ago. Given the leadership contest for Prime Minister and the many directions that can go, with such a small and unpredictable electorate, you’d have to say it...


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USD: Dollar strong in response to pound and euro

The dollar is up against both the pound and the euro this morning. This is mainly in response to the European elections, which have caused a weak euro and a choppy pound. President Trump has now started to put pressure on Japan to reduce their trade surplus with the...


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EUR: Euro weak as populist parties make gains

The euro is weak this morning against both the pound and the dollar, after the European Elections took place at the weekend. Results saw significant losses for the two main parties, the European People’s Party and the Socialists and Democrats. They still remain the...


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GBP: Pound choppy on the back of Brexit Party win

The pound has started the morning on a choppy note, weak against the dollar and stronger against the euro. This comes as the possibility of a no-deal Brexit is looking increasingly likely, due to the Brexit Party receiving the highest share of the vote in the European...


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